Immersive Tech TV Comment: Yes, that's a great way to invest in and store bitcoin for the long term. The important thing is keeping it off an exchange and as long as you have it on a hardware wallet, like the Trezor, you will have full and secure control over your cryptocurrency. And also I would add one last 5th step: write down your recovery seed and also keep at least two copies of it somewhere safe. Your recovery seed is essential to recovering your bitcoin or other cryptocurrency if your Trezor ever gets lost or stolen.﻿